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Southwest U's campus book store sells course packs for $18 each, the variable cost per pack is $8, fixed costs to produce the packs are

Southwest U's campus book store sells course packs for $18 each, the variable cost per pack is $8, fixed costs to produce the packs are $200,000, and expected annual sales are 55,000 packs. What are the pre-tax profits from sales of course packs?

a. $240,000

b. $350,000

c. $550,000

d. $750,000

e. $790,000

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